Rays Power Infra Commissions another 10MW Solar Power Plant in AP

With an eye on revolutionising the solar power industry, Rays Power Infra, an ISO 9001 & 14001 certified company and India's largest solar parks owner, has announced yet another solar power Project commissioning 10MW solar power plant at Midjil in Andhra Pradesh. The total cost of the project is Rs.65 crores and has an estimated annual output of 18 million KWH. The power will be sold at competitive market prices which are equivalent to commercial tariffs in Hyderabad.

Rays Power infra director Mr. Ketan Mehta said "Completing the project within hundred days exhibits our team's excellent capability and expertise in building solar power projects. I am proud of our team that they were able to pull it off in such a short span and I am sure that this will go on to become one of the best plants the country has seen."

"We strongly recommended that renewable energy is the only alternative solution as of now for solving the vast energy deficit in India and we are very glad to Partner with Rays Power infra for setting a solar power plant. The project was completed around 100 days before the stipulated time frame and professionally well-executed" stated by top official of Bangalore based real estate Company.

Talking about the project, it will supply power to all the corporate offices in Hyderabad of one of the largest banks in the world. Moreover, it is the largest third party open access project in Andhra Pradesh and sets an example for any consumer as to how to hedge their power tariffs. Thus, Consumers would be able to get power at much lesser price in comparison to what government provides them.

Source : Equity Bulls

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